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Elinor Ostrom

Political economist; laureate of the Sveriges Riksbank Prize in Economic Sciences, 2009

Recorded said elsewhere, not written here
Yes. Having lived through an era, where I was thinking of going to graduate school and was strongly discouraged because I would never be able to do anything but teach in a city college … Ah ha ha, life has changed!

Adam Smith, Telephone interview recorded immediately after the prize announcement, Nobel Prize Outreach, 12 October 2009 source ↗

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Steve Jobs Co-founder and chief executive of Apple; co-founder of NeXT; chief executive of Pixar
I didn't see it then, but it turned out that getting fired from Apple was the best thing that could have ever happened to me. The heaviness of being successful was replaced by the lightness of being a beginner again, less sure about everything. It freed me to enter one of the most creative periods of my life.
Recorded Stanford University 114th Commencement, Stanford News (Stanford University), 12 June 2005 source ↗
Drew Houston Co-founder and chief executive of Dropbox
No one has a 5.0 in real life. In fact, when you finish school, the whole notion of a GPA just goes away. When you're in school, every little mistake is a permanent crack in your windshield. But in the real world, if you're not swerving around and hitting the guard rails every now and then, you're not going fast enough. Your biggest risk isn't failing, it's getting too comfortable.
Recorded MIT 147th Commencement, MIT News (Massachusetts Institute of Technology), 7 June 2013 source ↗
Kurt Vonnegut Novelist and essayist
I would try to write my war story, whether it was interesting or not, and try to make something out of it. I describe that process a little in the beginning of Slaughterhouse Five; I saw it as starring John Wayne and Frank Sinatra. Finally, a girl called Mary O’Hare, the wife of a friend of mine who’d been there with me, said, “You were just children then. It’s not fair to pretend that you were men like Wayne and Sinatra, and it’s not fair to future generations, because you’re going to make war look good.” That was a very important clue to me.
Recorded George Plimpton, David Hayman, David Michaelis and Richard Rhodes, The Paris Review, issue 69, Spring 1977, 1 January 1977 source ↗
Whitney Wolfe Herd Founder and chief executive of Bumble
Don't be scared of the ‘what ifs,’ because the truth is, the only failure is not trying. That's the only way you can fail. Trying and having it not work out isn't failure.
Recorded CNBC Make It interview, conducted 2019, 11 February 2021 source ↗

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Question What bad recommendations do people in your field repeat too often? Craft & work
Yes, but not with a formula. So there are many, many efforts now to decentralize and they create a rigid formula and give people rules from on top and say, 'Now it's yours.' And that isn't worked very well either. … And, you think about the variety. If you look at a countryside, think of the variety out there in terms of the ecological variety. Well, if people are going to manage ecological variety, no single set of rules will work in a semi-arid versus a tropical-wet region. They have to be different.
Recorded Adam Smith, Telephone interview recorded immediately after the prize announcement, Nobel Prize Outreach, 12 October 2009 source ↗
Question What does everyone in your world seem to agree on that you think is wrong? Values & belief
Yes, we're showing that. But we're also showing a very important role for face-to-face or even written communication. So, the prediction was that nobody would self-monitor because that's a second level social dilemma, if you go to Game Theory. But, what we've found is that people will, but it can be … people can escalate into, 'I'll punish you, you punish him, mamamamamma,' and it gets worse and worse. So, with communication, where there's an agreement on what is going to be the … what we are going to do. The 'we' then being well-defined, then people can follow rules, be cooperative and, occasionally, sanction one another to help that continue.
Recorded Adam Smith, Telephone interview recorded immediately after the prize announcement, Nobel Prize Outreach, 12 October 2009 source ↗

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